House Developer Agent Scams 300 people at Ibadan Street Ilupeju Lagos

419, Escapades, Lagos, Structures, banking, housing, injustice, real estate, scam, situation report 2 Comments »
The house of scam on ibadan street ilupeju

The house of scam on ibadan street ilupeju

A house developer has duped over 200 people of about 50 million naira in a matter that has generated media interest and the intervention of the EFCC. The 2-storey building in Ilupeju is a brown building on Ibadan street off Tinubu road, off Ilupeju Street, is a newly completed building with at least 15 flats. The developer known as Alhaji Hassan Lukman or Qulaj Homes or L A Chicago or Standard homes collected house rents from at least 200 people starting from 150,000 naira to as much as 1.4 million naira. Monday, 31st of August was meant to be the opening day where tenants would lay claim to their flats but unfortunately, more than 200 people converged to witness one of the biggest modern real-estate scams in Lagos. The developer, along with his team of Ahmed, Otunba e.t.c. absconded and coined the Ilupeju Policemen with the help of the RRS squad to deter touts from tearing the building down. They also paid Ilupeju Area Boys to work with the police and maintain peace and orderliness as the workers put finishing touches to the house.

Work is ongoing but all the flats have already been occupied by people who had links to the military, touts, police, government e.t.c. LagosMet.Com noticed even the crew from Sterling Bank did not stand a chance in the scam romance.

Now the highlights.
The developer “Hassan alias Chicago met the head of the family in a bid to demolish the old family bungalow and build a lucrative 2-storey on it and maybe collect rentals for 6 years before handing the property over to the family. LagosMet.Com was told that the family agreed to this, verbally, without signing any papers and the original documents are still with the head of the family. Most houses on Ibadan street belong to families (not one person). The developers practically collected money from people to fund the building project and had been doing this since October 2008. In a nut-shell, most of the money went into building the new house while some went into a similar project at a site not far from the present calamity. NTA and SuperScreen were at the site yesterday and it was on the news on TV last night.

This should serve as a warning as fraudulent people are still driving people to the site and collecting money from them, issuing fake receipts. The present list has been forwarded to the EFCC and Alausa, the Ilupeju Police could not offer much in terms of information but it is widely believed that he carried out the fraudulent acts with the connivance of some top Ilupeju police officers.

www.LagosMet.Com

Whether the house would be sold to pay back the funds of hundreds of stranded tenants remains to be seen but it looks like the only way out of this mess. As usual, this is another 55 million naira case that will last could last years before justice, if at all, is done. It has always been said several times. Patronise only Registered Estate Surveyors and Valuers for your housing needs, even a Lawyer is not a professional Property Manager recognised by the Institute of Estate Surveyors and Valuers. Don’t be a victim.

More from the net:

http://www.sunnewsonline.com/webpages/news/national/2009/sept/02/national-02-09-2009-14.htm

http://thepmnews.com/2009/09/17/fraudsters-take-over-real-estate-business

http://234next.com/csp/cms/sites/Next/News/Metro/Crime/5451529-147/story.csp

http://234next.com/csp/cms/sites/Next/News/Metro/Crime/1885367-147/Property_scammer_arrested___.csp

http://234next.com/csp/cms/sites/Next/News/Metro/Crime/5435760-147/House_scam:_Another_set_of_victims.csp

http://234next.com/csp/cms/sites/Next/News/Metro/Crime/5425074-147/Long_wait_besets_Egbeda_property_scam.csp

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Millions of Lagosians set to lose homes by court order: Ilupeju, Anthony, Gbagada, Somolu

419, Economy, Lagos, Laws, Places, Structures, housing, injustice, real estate, recession, scam, situation report 3 Comments »

These Millions could be homeless in a matter of days

These Millions could be homeless in a matter of days

Lagos: Ilupeju, Gbagada, Anthony, Onigbongbo, Somolu residents are likely to lose their homes and lands as the Adoyi Ifadu Alashe Chieftaincy family seeks to claim back their heritage, backed by a 57-year old court judgement. e.t.c.

While a lot of people already have C of O’s for their title deed, the century old order is likely to prevail. The family has already, through agents sent notices to residents of the affected areas (about 2 million people) to quit their possessions peacefully or face forceful eviction engineered by the Police Force. It is rumoured that a politician close to the government is involved but as usual, this was debunked by the agents.

It is unfortunate (not suspiscious) that this is coming at this time of economic hardship and recession as the value of these transactions could run into Trillions of naira knowing the crazy value of real estate in the mainland where a plot of land costs as much as 4.5 million to 35 million naira. Don’t ask me why “anyone” would be interested in driving this or igniting the police into action. Money is king.

LagosMet verdict: This is probably the most ridiculous news I’ve heard since birth but the law must prevail. It is very unlikely that residents will so be evicted. I think deed owners and agents of the family will come to a compromise, pay a certain percentage and gain the permission of the family. Companies especially on Industrial Avenue include GSK, PZ, Direct on PC (ISP), uncountable banks, fast food restaurants, schools and major branches or regional headquarters of companies. This is one case that is sure to generate heat and dust over the next few weeks and months. I hope it doesn’t lead to bloodshed since Mushin is also affected.

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The cream of the crop is the obvious likelihood that 419, scammers and touts are likely to be more involved as they seem to lay claim to reap from where they have not sown. Residents, beware.

Here’s the full story from The Punch’s Sesan Olufowobi.

Residents of parts of Lagos Mainland, including Ilupeju, Anthony, Igbobi and Bajulaiye, have written a petition to the State Police Command over threats that have lately been issued to them by members of a popular Lagos family and their agents, advising them to willingly quit their houses of face eviction.

A copy of the petition quoted the Adoyi Ifadu Alashe Chieftaincy Family and their agents as claiming that the expansive land on which many big buildings are erected were illegally acquired by the owners of the buildings, adding that the family’s claims were also backed by a copy of court judgment.

Although the spokesman of the Lagos State Police Command, Mr Frank Mba, said it would be difficult for the police to enforce the order, Saturday Punch investigation revealed that the family’s claims are supported by a series of court judgments, the last of which was delivered in 1952 by the Supreme Court under the former Chief Justice of Nigeria (CJN), the late Justice Adetokunbo Ademola. The judgment had held that the ownership of most parts of Lagos Mainland belonged to the descendants of Adoyi Ifadu Alashe chieftaincy family.

The head of Ifadu Alashe Family, 90-year-old Chief Lasisi Ajayi Arubo, told our correspondent at his Oko-Oba home that the family was seeking the enforcement of the 57-year-old judgment now because initial efforts to execute it were resisted so much that the family had to go back to court. “The court has determined all the cases in our favour, and we are currently seeking the execution of the judgment,” he declared.

The copy of the judgement shown to our correspondent indicated that the areas covering Idi Araba, Anthony, Idiroko, Onigbongbo, Obanikoro, Igbobi, Pedro Bajulaye, Abule Oja, Bariga, Shomolu, Gbagada, Iwaya and Oworonsoki belonged to the family.

The Adetokunbo Ademola verdict had stated, “There is no doubt that the Ifadu Alashe family at one time was not very active about the control of the area in dispute. This has been explained as largely due to the long illness of Madam Aina Edu who inherited the area from her father.

“I am satisfied on the whole that the area in dispute was ordinarily owned by Adoyi and that he and his descendants exercised numerous and positive acts of ownership for a period of many years.

I am satisfied that the area has always been in the possession of members of Adoyi Family and that in recent years (she) lost her tenancy owing to severe sickness.

“I therefore declare that the area in dispute belongs to the Ifadu Alashe to which all the just and true descendants are entitled and which family claims to the head.”

It stated further that all occupants of the area in dispute were illegal occupants except they “have the consent of the Ifadu Alashe Family to use apportioned areas.”

Arubo, who said he was happy that the family got back the land, said the family had made all arrangement to go back to court to compel the police and relevant security agencies to enforce the judgment.

Saturday Punch, however, gathered that the latest move is being championed by a politician who is close to the seat of government in Lagos.

But the Secretary of the family, Alfa Kareem Tajudeen Arubo, said there was no politician involved. He said, “You asked earlier why it took us all these years to execute the judgment. But the reality was that while those who we met on the land preferred to use thugs and violence to prevent us, we went back to court.

Our forefathers started these cases and we are still continuing. The Aworis are used to court cases and this one is not different. As soon as we are through with the relevant court judgment, we are enforcing it.

They can write one million petitions, we are not bothered. Truth and justice will prevail.

When it was pointed out to him that such a move could spell doom for Lagos State, Tajudeen retorted, “What about us that they had been cheating? We have made a provision for those who are willing to buy the land back. An oil company is already talking to us because it has one of its facilities on our land. But every undeveloped land will be claimed back; no negotiation.”

Many of the residents of the affected areas said they were not aware of any move to evict them.

But the few who were in the know were not really worried about the judgement. Mr. Olu Olaleye, who lives in Olateju Street, Mushin, said he was not bothered. “This land belonged to my father, and since I was small, we have been hearing of things like this. My father is dead and I am living in the house and the threat is still there. I can tell you that nohing can shake me”.

Mr. John Agha of Fola Agoro in Akoka, Yaba said he was waiting to see the person that would demolish the house he had just completed. “Let them try it,” he said.

Another resident of Shomolu, who gave his name as Olugbenga, said he got all the necessary papers on his house. “I have heard the rumour, but it can not affect me, because I have a C of O,” he said.

Some other respondents, who craved anonymity, urged the family to exercise caution.

At the Lagos State Ministry of Land in Alusa, the spokesperson was not available for comment. But an official who spoke with our correspondent said the ministry was aware of the court cases. “But I don’t think it has been resolved yet. I don’t think the Lagos State Government will go for such a crude action. The matter will be resolved,” he said, adding that he was not aware that anybody in government was spearheading the latest move.

Mba also said that the police had not seen any document compelling it to enforce the judgment. “But we will tread on the path of caution,” he said. But the lawyer to the family, Tobi Ogunleye, said the judgment was still binding because it was delivered by a court of competent jurisdiction.”

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Lagos: 1004 flats officially on sale, min: 45 million naira

Lagos, Nigeria, housing, real estate, traffic 9 Comments »

Buy while it's hot, no credit-crunching this!

Buy while it's hot, no credit-crunching this!

Lagos, Nigeria 1004 flats now on unit sales:

This is the biggest single transaction in the real estate business in Nigeria (07/04/2009).

Somewhere around Adetokunbo Ademola and Ozumba Mbadiwe, Lekki – Epe Expressway, the building UACN Property Development Company (UDPC) Plc purchased for a few billion naira will now sell for (HOW MUCH?) at least 60 billion naira! The building has been equipped with CCTV survillance cameras, electronic card access system, 4 swimming pools, lawn tennis and squash courts, 4 gymnasiums, 4 Generators, security patrol team, water fountains, panoramic lifts, club house and bar. Each apartment, fully funished has prepaid PHCN meter, microwave, a/c, washing machine and dryer.

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How much? Okay, it’s VERY cheap and affordable especially for salary earners, students and self-employed individuals (no be me talk am o). Each of the 2-bedroom apartments goes for 45m if the buyer is paying cash and 50m if payment is by installment. 3 and 4-bedroom apartments go for 65m and 85m respectiviely with 5% discount if it is a cash deal (jale jale). To all the alaroros, they are closing approximately 1 out of 10 enquiries (I mean 10 phone calls lead to 1 sure deal). Zenith and IBTC are the risk takers. There are only 42×2br flats, 84×3br maissionette, 34×4-storeyed of 8/4-br flats each, 8×4-storeyed blocks of 6×2-br maissonettes, 1×3-storeyed block of 6×2-br flats. If your calculator isn’t displaying 1004 total at the moment then you probably aren’t ICAN certified!

Is it worth it?

I can’t answer that, but logically, I think it is. The location (proximity to important places) makes it even more valuable than Lekki Phase 1 – VGC and beyond. In the heart of Victoria Island, with less traffic and more options (roads, clubs, hotels, work e.t.c.) I think it’s the best bargain anywhere on the Island. Former residents can bear me witness. Surrounding buildings include Civic Centre, Law School, Sweet Sensation, Cactus, BJay’s Hotel, Jazz Club e.t.c to mention a handful. If you can, then buy and rent it out.

ps: This is the biggest single transaction in the real estate business in Nigeria.

LagosMet: My problem, for aproximately 5,000 people in one huge compound, no medical facilities, no creche, no school just a bar and a night club? C’mon.

Trackback: Is your home crumbling? As buildings keep crumbling, the Lagos State Government has reacted by visiting suspected and reported buildings, marking them X and bringing them down to ground zero. If you suspect any such building, please report to the authorities (no toll-free 911, sorry!)

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